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Dec 30, 2012
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cliff deal. he is was on meet the press. republicans weren't happy with that appearance because he they felt he was blaming them. new development in the last hour or two, vice president biden has come back from delaware. he is now here at the white house. he has had two phone calls with mitch mcconnell. in previous budget battles, joe biden has been the closer on these deals. his coming back from delaware might be a sign they are moving a little closer. that will be something to watch. the whole thing about changing cpi and reining in cost of entitlements, republicans are judging in on that. take a listen. >> one of proposals we made was something called change cpi but basically makes an adjustment in terms of how inflation is calculated on social security. highly unpopular among democrats not something supported but to strengthen social security in the long time i'm willing to make those decisions. >> reporter: in the morning, the president seemed to be opening the door to rein in those entitlem
cliff deal. he is was on meet the press. republicans weren't happy with that appearance because he they felt he was blaming them. new development in the last hour or two, vice president biden has come back from delaware. he is now here at the white house. he has had two phone calls with mitch mcconnell. in previous budget battles, joe biden has been the closer on these deals. his coming back from delaware might be a sign they are moving a little closer. that will be something to watch. the...
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Dec 19, 2012
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president obama says the lawmakers are close to a deal on the fiscal cliff. but blames republicans for not taking his deal. we'll bring in all-stars early. yes, early. three segments. get in here. we're going to talk about it all. this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with unlimited talk and text. hurry in for a droid razr m by motorola for $49.99. >> when you think of what we have gone through in the last couple of months. devastating hurricane. and now, one of the worst tragedies in our memory, the country deserves folks to be willing to compromise on behalf of the greater good. >> tomorrow, the house will pass legislation to make permanent tax relief for nearly every american. 99.81% of the american people. then the president will have a decision to make. he can call on senate democrat to pass that bill, or he can be responsible for the largest tax increase in american history. >> bret: president obama with a long defense in front of repo
president obama says the lawmakers are close to a deal on the fiscal cliff. but blames republicans for not taking his deal. we'll bring in all-stars early. yes, early. three segments. get in here. we're going to talk about it all. this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with unlimited talk and text. hurry in for a droid razr m by motorola for...
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Nov 28, 2012
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cuts as part of the big fiscal cliff. no deal in sight yet. take a look at what happened on capitol hill yesterday. naked protestors stormed the office of house speaker john boehner. they are protesting cuts in healthcare they say but shows how any kind of spend wiing cut are nearly impossible these days and they are warming for the president's call to raise tax revenue. many democrats are emboldened since the election refusing to talk about any specific cuts to federal spending. >>> president obama and democrats ran on a promise of bush tax rates. president obama didn't hide that last year of the campaign every place he went that's what he talked about. americans when they voted raised their voices and supported our pledge congress acted in accordance with the will of the people. >>> there's a debate of how to raise taxes. if government spending isn't paired back in some way republicans may not fine off on a deal. >> oo we already know the president is a good campaigner. we congratulate him on his reelection. what we don
cuts as part of the big fiscal cliff. no deal in sight yet. take a look at what happened on capitol hill yesterday. naked protestors stormed the office of house speaker john boehner. they are protesting cuts in healthcare they say but shows how any kind of spend wiing cut are nearly impossible these days and they are warming for the president's call to raise tax revenue. many democrats are emboldened since the election refusing to talk about any specific cuts to federal spending. >>>...
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Nov 29, 2012
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cuts in this deal to avoid the fiscal cliff. that is not what they are doing now. should they include those? >> yes. i think that, and i know that democrats accept that this has to be it, a balanced package, that includes revenues and cuts and spending cuts. >> months ago, the budget carney held up was voted down by the entire senate. 99-0. meaning no democratic support. earlier, dick durbin insisted spending cuts from entitlement reform will not be part of the talks while pelosi spell noncommittal whether the cuts will be in the deal. still, the administration is trying to breathe life to the talks, with vice president biden shopping at new costco in washington, picking up a big screen tv and apple pie and insisting he is optimistic of a deal. >> i am. i am. all the folks in the store, man. going to make a difference. >> carney shot down a politico report that a phone call last night between boehner and the president was curt, noting it was 28 minutes long and productive. signaling the president is flexible on taxes not being s
cuts in this deal to avoid the fiscal cliff. that is not what they are doing now. should they include those? >> yes. i think that, and i know that democrats accept that this has to be it, a balanced package, that includes revenues and cuts and spending cuts. >> months ago, the budget carney held up was voted down by the entire senate. 99-0. meaning no democratic support. earlier, dick durbin insisted spending cuts from entitlement reform will not be part of the talks while pelosi...
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Dec 30, 2012
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now, pushing a deal on the fiscal cliff. as you noted on capitol hill is where all of the action is right now. the president when he bought the leaders here on friday said they have to try to work something out over the next couple of days and said on "meet the press" his position was either there is a deal or he wants the senate to bring up h his version of this short-term stop gap measure that would extend tax cuts for those making $250,000 or less and extend unemployment. he said if republicans stop they will be to blame for the fiscal cliff. what role do you have in this don't you have to show leadership to break the imabout passe? the president went back to pointing the finger at republicans. take a list. >> speaker boehner and republican leader mcconnell to accept the fact taxes on wealthiest americans should go up a little bit. if folks can't say yes to good offers i have an obligation of the american people to make sure that the entire burden of deficit reduction doesn't fall on seniors who are relying on medicare. >
now, pushing a deal on the fiscal cliff. as you noted on capitol hill is where all of the action is right now. the president when he bought the leaders here on friday said they have to try to work something out over the next couple of days and said on "meet the press" his position was either there is a deal or he wants the senate to bring up h his version of this short-term stop gap measure that would extend tax cuts for those making $250,000 or less and extend unemployment. he said...
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Nov 20, 2012
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from the fiscal cliff deal to a new poll shows -- showing that the president will reach across for deals. charles is not buying it. what are you not buying that the president will not compromise and reach across the aisle or no deal at all? >> we will not get the deal by the january 1st deadline. >> so we go over the cliff? >> we begin that move toward the cliff. we have to be careful that the lights go out on january 1st. this will be destructive over the course of the year. and i think washington knows that you don't get january 1st and the stock market speaks out. that's the danger of waiting that long and waiting to be forced. then you get something haphazard. >> you don't think the president will bend on raising tax rates on the rich and the republicans won't cave to that? >> i hate say raising tax rates on the rich. again it is a $250,000 threshold. >> that's what the people believe. >> the president wants that, and i think $1.6 trillion is an outrageous figure he tossed out there. ultimately when there is some sort of a compromise he will be able to claim victory with the number u
from the fiscal cliff deal to a new poll shows -- showing that the president will reach across for deals. charles is not buying it. what are you not buying that the president will not compromise and reach across the aisle or no deal at all? >> we will not get the deal by the january 1st deadline. >> so we go over the cliff? >> we begin that move toward the cliff. we have to be careful that the lights go out on january 1st. this will be destructive over the course of the year....
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Dec 27, 2012
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that will happen tonight to work on the fiscal cliff deal. >> the looming fiscal cliff is forcing president obama to cut short his christmas vacation. >> president obama is cutting short his christmas vacation. he is leaving hawaii tonight so that he can be back in washington when congress reconvenes tomorrow. >> laura: so we should believe that by leaving his island enclave that the president was making some big sacrifice for the country? i'm thinking washington, crossing the delaware on a bitter christmas night 1776 before going on to defeat the british in two major battles, that's sacrifice. i, for one, never understood how in good conscious any of these politicians would think about leaving town with so much riding on this cliff hanger? shouldn't they get their work done before they leave town for a break? that's what's expected for most working americans but then again washington politicians have rules of their own. people whose salaries that we pay are called public servants. meaning they verve us. not the other way around. we don't work to make their lives better. they are supposed t
that will happen tonight to work on the fiscal cliff deal. >> the looming fiscal cliff is forcing president obama to cut short his christmas vacation. >> president obama is cutting short his christmas vacation. he is leaving hawaii tonight so that he can be back in washington when congress reconvenes tomorrow. >> laura: so we should believe that by leaving his island enclave that the president was making some big sacrifice for the country? i'm thinking washington, crossing the...
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Dec 29, 2012
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it's down to the wire for fiscal cliff deal. lawmakers are trying to draft a plan under the deadline. president obama says he is optimistic they will come to an agreement if not, deep spending cuts will kick in for nearly every american. helpis one step closer for super storm sandy. senate passing a bill to provide $60.4 billion in aid for states impacted by the disaster. bill now has to pass through the house of representatives. hurricane sandy was blamed for at least 120 deaths in areas from north carolina to maine, new york, new jersey and connecticut. i'm arthel nevil, now back to fox news watch. for all the latest log on to foxnews.com. i'll see you right here at 4:00 p.m. eastern alongside gregg jarrett. >> we will make sure that f there is anything is needed we get it out immediately. i want to thank you for everything you've done and we appreciate that. >> connecticut state police lieutenant paul advance talking to people. the killer committed suicide as police closed in on him. one of many tragedies that received major
it's down to the wire for fiscal cliff deal. lawmakers are trying to draft a plan under the deadline. president obama says he is optimistic they will come to an agreement if not, deep spending cuts will kick in for nearly every american. helpis one step closer for super storm sandy. senate passing a bill to provide $60.4 billion in aid for states impacted by the disaster. bill now has to pass through the house of representatives. hurricane sandy was blamed for at least 120 deaths in areas from...
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Dec 17, 2012
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increasing it with president obama wanted it as part of a fiscal cliff deal. it would require cuts and reforms of a greater amount but the white house spokesman didn't get into too many specifics but made a pitch for more tax revenue. >> the president believes in the parameters of potential agreement with clear. it is also the case that we have not seen a proposal besides the presidents that achieved the balance the president exists be part of the deal. >> heritage action are hammering house republicans for negotiating with themselves in public about how high to increase taxes. >> mike emanuel on the hill. what about this sendipending is we keep hearing so much about. where are your tax dollars going. we take a look in part one of the series "the cost of spending." >> we can't spend ourselves rich. >> presidents have been talking about the federal government spending appetite for decades. president reagan. >> what ails usable be s -- us be simply put the president is growing too big. >> this government is too big and spends too much. >> president clinton. >> t
increasing it with president obama wanted it as part of a fiscal cliff deal. it would require cuts and reforms of a greater amount but the white house spokesman didn't get into too many specifics but made a pitch for more tax revenue. >> the president believes in the parameters of potential agreement with clear. it is also the case that we have not seen a proposal besides the presidents that achieved the balance the president exists be part of the deal. >> heritage action are...
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on the fiscal cliff. this morning a leading republican said any deal should include the major drivers of our debt. >> the long-term indebtedness of this country is baby boomers retiring putting pressure on medicaid, medicare and social security. i hope my party will look out for the country and not just the party itself and pure this president to do something he has never done before, lead in a bipartisan way. >> reporter: a little swipe there at the end but republicans have been consistent that it is important to address entitlement reform, something they very much want on the table if we're going to have a big deal in this fiscal cliff matter. jon? jon: on the democratic side it seems like they are holding firm on being sure that there is additional tax revenue in any fiscal cliff deal, right? >> jon, no question about that. they have been consistent from the very beginning. the president ran on the upper income americans paying more taxes as part of this deal. we heard more from chuck schumer on "fox n
on the fiscal cliff. this morning a leading republican said any deal should include the major drivers of our debt. >> the long-term indebtedness of this country is baby boomers retiring putting pressure on medicaid, medicare and social security. i hope my party will look out for the country and not just the party itself and pure this president to do something he has never done before, lead in a bipartisan way. >> reporter: a little swipe there at the end but republicans have been...
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the fiscal cliff deadline is getting closer and closer, if lawmakers fail to reach a deal in time, our nation's top employers, the small businesses in our communities, will have some difficult decisions to make, with 2013, will it bring more economic opportunities or will the job market contract? stay with us. >> the looming fiscal cliff is leaving many small businesses in limbo in this country. some owners say uncertainty over potential tax hikes is keeping them from expanding and hiring new employees and analysts warn, that's a recipe for disaster in this already sluggish economy. anna kooiman joins us with more. many small businesses owners say they're kind of operating on the defensive right now. >> it's tough to plan. they're making decisions based on business coming in and the risk of losing it all. arthur cooper is concerned that the change in tax rates will hurt his ability to hire so he doesn't want to expand. >> when you don't know what the rules are, all right? and that's-- it's hard to be aggressive and it's hard to-- it's hard to be really resolute and you know, in your bu
the fiscal cliff deadline is getting closer and closer, if lawmakers fail to reach a deal in time, our nation's top employers, the small businesses in our communities, will have some difficult decisions to make, with 2013, will it bring more economic opportunities or will the job market contract? stay with us. >> the looming fiscal cliff is leaving many small businesses in limbo in this country. some owners say uncertainty over potential tax hikes is keeping them from expanding and hiring...
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Dec 14, 2012
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cliff deal done before christmas. what they are focused on is a so-called plan "b" where the house in the next few days may pass extension of the middle class tax cuts. the old bush tax cuts. then let the tax rates for the rich go up and fight it out in january and february over spending cuts. we'll see whether or not conservative goes along with that, if speaker boehner was party to that. the second big story is susan rice. in the last couple of hours calling the president and saying she is pulling her name out of consideration for secretary of state, all because of the controversy over benghazi, her reaction to the terror attack, whether or not she misled the public. bottom line this puts john kerry, democratic sources say, as the likely contender to be secretary of state i'm seeing the suvs pull up with speaker boehner right now. both the stories breaking right as we speak. you will see speaker boehner in a moment. but bottom line is you will remember at the post election news conference, the president made a big d
cliff deal done before christmas. what they are focused on is a so-called plan "b" where the house in the next few days may pass extension of the middle class tax cuts. the old bush tax cuts. then let the tax rates for the rich go up and fight it out in january and february over spending cuts. we'll see whether or not conservative goes along with that, if speaker boehner was party to that. the second big story is susan rice. in the last couple of hours calling the president and saying...
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Dec 26, 2012
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read the headlines and they say the president is giving up his vacation to negotiate a fiscal cliff deal but is something he said before leaving for hawaii leaving room for negotiations? what are we talking about? set it up. >> the president is heading back to washington to attempt a last ditch effort with speaker boehner to forge compromise to avert the fiscal cliff which will kick in in about six days if nothing's done. those are the headlines. everyone talking about cutting his vacation short. the question is there anything that can be done? they were at an impasse before christmas, the republicans and house imploded and it's a tight spot. i suspect if there's a deal, it will be unpalatable for everyone. >> there was a interchange before the talks broke down. we have the quotes. john boehner said to obama, quote, i put $800 billion in tax revenue on the table. what do i get for that? allegedly we understand president obama came back to him and said, you get nothing. i get that for free. you get nothing. >> there were a couple eye-opening quotes. a "wall street journal" story before ch
read the headlines and they say the president is giving up his vacation to negotiate a fiscal cliff deal but is something he said before leaving for hawaii leaving room for negotiations? what are we talking about? set it up. >> the president is heading back to washington to attempt a last ditch effort with speaker boehner to forge compromise to avert the fiscal cliff which will kick in in about six days if nothing's done. those are the headlines. everyone talking about cutting his...
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Dec 18, 2012
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cliff deal in time. the clock is running. carl cameron, what do you have? >> reporter: bill, we were talking a short while ago how mr. boehner was going to talk to his rank-and-file members and leaders behind closed doors this morning at a meeting that started 9:00 about the president's offer last night to again try to raise revenue, decrease spending and come up with a balanced plan to avoid the fiscal cliff of mandatory tax increases and spending cuts. turns out the republicans were probably going to be apprehensive about it, but mr. boehner went into the meeting with alternative. he is concerned about the calendar. so far inability to break the jog lam on a real deal here. the distance between the two sides. as a consequence he told his members he has got a plan b. i want to read remarks we know he is saying behind closed doors to his fellow republicans. he will say or has said, quote, for weeks senate republicans and a growing number of you, meaning house republicans have been pushing for us to pivot
cliff deal in time. the clock is running. carl cameron, what do you have? >> reporter: bill, we were talking a short while ago how mr. boehner was going to talk to his rank-and-file members and leaders behind closed doors this morning at a meeting that started 9:00 about the president's offer last night to again try to raise revenue, decrease spending and come up with a balanced plan to avoid the fiscal cliff of mandatory tax increases and spending cuts. turns out the republicans were...
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but are we getting any closer to a deal to get off the so-called fiscal cliff? we will talk about it all with the fox all-stars when we return. [ woman ] we knew it was gonna be bad, but never like this. the red cross was down here all the time. [ man ] they've given us a lot of heart. in times of need, they're there. ♪ [ kerry ] my dad was watching his house burn. he turned around, and all of a sudden, therwas this guy standing there from the red cross. at a point where i had just lost everything, the idea that there was someone there... that's an amazing thing. ♪ ♪ ♪ >>> i've said i will work with republicans on a plan for economic growth, job creation and reducing our deficits. and they have had compromise between democrats and republicans. i understand, you know, people have a lot of different views. i'm willing to compromise a little bit. >> his proposal that he offered to boehner was literally a joke. it's $50 billion stimulus package. it raised taxes by $1.6 trillion. it did nothing to save social security and medicare. >> bret: some of the back a
but are we getting any closer to a deal to get off the so-called fiscal cliff? we will talk about it all with the fox all-stars when we return. [ woman ] we knew it was gonna be bad, but never like this. the red cross was down here all the time. [ man ] they've given us a lot of heart. in times of need, they're there. ♪ [ kerry ] my dad was watching his house burn. he turned around, and all of a sudden, therwas this guy standing there from the red cross. at a point where i had just lost...
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why this deal may not happen next. obviously a lot of attention tonight on the fiscal cliff. we're inside 30 hours until the expiration date on tax cuts. there are other important bits of business on capitol hill before the end of the year. in other words, in the next 30 hours or so. on friday, the senate approved a more than $60 billion bill to pay for construction costs for superstorm sandy. you see the video of that here. the house still needs to vote on that legislation. it isn't clear yet what the house is going to do. molly henneberg is live in d.c. there's a holdup in the house. what is it? >> the price tag. house republicans say it's too steep. a south carolina republican congressman said he and others want to help the people hurt by sandy but lawmakers need to figure out where the money's going to come from. >> it's not paid for. i know that's a difficult conversation to have but it's a necessary conversation. if we can't come together and figure out a way to stop spending someplace else to pay for this disaster, do we hope to be able to balance our budget and fix ou
why this deal may not happen next. obviously a lot of attention tonight on the fiscal cliff. we're inside 30 hours until the expiration date on tax cuts. there are other important bits of business on capitol hill before the end of the year. in other words, in the next 30 hours or so. on friday, the senate approved a more than $60 billion bill to pay for construction costs for superstorm sandy. you see the video of that here. the house still needs to vote on that legislation. it isn't clear yet...
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there is no deal yet for the fiscal cliff. but for now we have at least avoided the container cliff. 15,000 dock workers at 15 major u.s. ports and port owners agreeing to extend an expired contract for 30 days. the main issue is container royalties. the heavier the container the more dock workers get paid. owners want to cap payments. a strike would have meant higher prices on many goods like clothing, auto goods and electronic products because they would have been in short supply. emma lou harris could be in trouble with the law. tmz reports that harris is accused of hitting another car on a highway then driving off. the l.a. county d.a. is deciding whether harris will face any charges. in one was hurt. a rep for the singer says it was so minor harris didn't even know she hit the other car. and those are your headlines. >> thank you, juliet. let's talk about this story because this is outrageous. >> dave: unbelievable. >> juliet: sick. >> clayton: here is what vladimir putin did in response to the united states trying to put
there is no deal yet for the fiscal cliff. but for now we have at least avoided the container cliff. 15,000 dock workers at 15 major u.s. ports and port owners agreeing to extend an expired contract for 30 days. the main issue is container royalties. the heavier the container the more dock workers get paid. owners want to cap payments. a strike would have meant higher prices on many goods like clothing, auto goods and electronic products because they would have been in short supply. emma lou...
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>>neil: al gore is advocating that this of all times for carbon tax to fix the fiscal cliff and deal with our environmental problems and john stossel is fine with that. perfectly. .. ♪ [ birds chirping ] are you sure you can fit in there? [ chuckles ] ♪ ♪ [ male announcer ] around view monitor with bird's-eye view. nice work. [ male announcer ] introducing the all-new nissan pathfinder. it's our most innovative pathfinder ever. nissan. innovation that cites. ♪ >>neil: you thought the fiscal cliff was the only concern, if al gore is right we are facing a climate cliff but have no worries the former vice president has a solution to save us from both, a carbon tax. john stossel says al gore could be on to something. i trust john is not "on" something. >>guest: it creeps me out to agree with al gore about much of anything but, look, if you are taxing people, better to tax carbon than investments or wages the global warming hysteria is certainly his tear yeah but, carbon has a cost and con impression and solution and it is not a terrible idea. >> so you are picking and choosing yo
>>neil: al gore is advocating that this of all times for carbon tax to fix the fiscal cliff and deal with our environmental problems and john stossel is fine with that. perfectly. .. ♪ [ birds chirping ] are you sure you can fit in there? [ chuckles ] ♪ ♪ [ male announcer ] around view monitor with bird's-eye view. nice work. [ male announcer ] introducing the all-new nissan pathfinder. it's our most innovative pathfinder ever. nissan. innovation that cites. ♪ >>neil: you...
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Dec 19, 2012
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and that republicans need to take this deal rather than go over the fiscal cliff where polls indicate voters would largely blame them. jon: if ronald reagan and tip o'neil could work together maybe barack obama and john boehner can too. we'll see. >> well you know it is the holiday season. you would hope. i think that's another reason for optimism, jon. these are human beings. they want to go home. jon: don't we all. juan williams. good to have you on. thanks. >> thanks, jon. jenna: we'll turnover seas now as questions remain in syria just how close we are to the fall of the assad regime there. the government is there in syria is carrying out broad attacks against rebels in the suburbs of damascus as the u.n. appeals for one billion dollars, one billion dollars to help support rising numbers of syrian refugees, almost half of them children. leland vittert is live in our middle east bureau with more on this. leland? >> reporter: jenna, the term humanitarian crisis now really applies not only what is going on inside syria but the conditions at refugee camps where hundreds of thousands o
and that republicans need to take this deal rather than go over the fiscal cliff where polls indicate voters would largely blame them. jon: if ronald reagan and tip o'neil could work together maybe barack obama and john boehner can too. we'll see. >> well you know it is the holiday season. you would hope. i think that's another reason for optimism, jon. these are human beings. they want to go home. jon: don't we all. juan williams. good to have you on. thanks. >> thanks, jon. jenna:...
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even overshadowing the fiscal cliff. the markets today did not get a huge boost from the greek deal because they expected that it would happen. but they would have take an real hit had it not. bret? >> bret: amy kellogg in london. thank you. black friday shoppers got plenty of bang for the buck. that is later in the grapevine. up next, republicans try to zero in on hispanic voters. why is it that the most impressive technology often comes with a set of equally impressive instructions ? shouldn't something that's truly advanced, not need much explanation at all ? with the nokia lumia 822 on verizon, there's not much to learn because it's powered by windows... to let you do more than you ever imagined on your smartphone. exclusively with data sense-- a feature that makes the most of your plan. only on verizon. >> bret: republicans are already looking ahead to the next election. in 2014. they are trying to do something about the low numbers with hispanics. correspondent doug mckelway on the first steps this week. >> clearly
even overshadowing the fiscal cliff. the markets today did not get a huge boost from the greek deal because they expected that it would happen. but they would have take an real hit had it not. bret? >> bret: amy kellogg in london. thank you. black friday shoppers got plenty of bang for the buck. that is later in the grapevine. up next, republicans try to zero in on hispanic voters. why is it that the most impressive technology often comes with a set of equally impressive instructions ?...
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if an when the president and congress do reach a deal on the fiscal cliff, what will it look like? we'll get some thoughts from the fox all-stars when we return. i put away money. i was 21, so i said, "hmm, i want to retire at 55." and before you know it, i'm 58 years old. time went by very fast. it goes by too, too fast. ♪ but i would do it again in a heartbeat. [ laughs ] ♪ ♪ >>> right now, as we speak, congress can pass a law that would prevent a tax hike on the first $250,000 of everybody's income. so we really need to get this right. i can only do it with the help of the american people. so, tweet, what was that again? my2k. do what it takes to communicate a sense of urgency. we don't have a lot of time here. >> in order to come to an agreement, republicans are willing to put revenue on the table. time for the president and the democrats to get serious about the spending problem that our country has. >> bret: some of the back and forth today the president calling on people to get involved including on twitter. this as he met this morning with unions and other liberal org
if an when the president and congress do reach a deal on the fiscal cliff, what will it look like? we'll get some thoughts from the fox all-stars when we return. i put away money. i was 21, so i said, "hmm, i want to retire at 55." and before you know it, i'm 58 years old. time went by very fast. it goes by too, too fast. ♪ but i would do it again in a heartbeat. [ laughs ] ♪ ♪ >>> right now, as we speak, congress can pass a law that would prevent a tax hike on the...
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. >> the stalemate leads both sides no closer to a deal to avoid the fiscal cliff. $700 billion in spending cuts and an end to the tax rates coming at the end of the year. boehner is under pressure from conservatives to not give in on the tax rate increases he is willing to end deductions that could raise the tax revenue. the president is getting pressure from the left. "new york times" columnist paul krugman going so far today to suggest the white house should be willing to daniel the economy to make their point with republicans. writing, "what should he do?" just say no and go over the cliff if necessary. the president said today he is open to giving in to a point. >> i want to be clear. i'm not wedded to every detail of my plan. i'm open to compromise. i am open to new ideas. i'm committed to solving our fiscal channel. i refuse to accept any approach that isn't balanced. >> the president broke with tradition not holding a news conference quickly after his re-election. aides point out he will take question next wednesday at the white house. that will coo inside with congress to come back
. >> the stalemate leads both sides no closer to a deal to avoid the fiscal cliff. $700 billion in spending cuts and an end to the tax rates coming at the end of the year. boehner is under pressure from conservatives to not give in on the tax rate increases he is willing to end deductions that could raise the tax revenue. the president is getting pressure from the left. "new york times" columnist paul krugman going so far today to suggest the white house should be willing to...
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Nov 7, 2012
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cliff. >> nobody wants to see this fiscal cliff without a deal, because the cuts are severe and the tax increases are severe. so we've got to find a path forward. >> that follows lofty promises, the president made at the celebration about how the best is yet to come. >> i am looking forward to reaching out and working with leaders of both parties to meet the challenges we can only solve together. reducing the deficit. reforming the tax code. fixing our immigration system. >> republicans say they heard it before. actually, at the last victory party in chicago. >> while the democratic party won a great victory tonight, we do so with a measure of humility. and determination to heal the divide. >> last night, the president also revealed he is planning a dramatic move to jumpstart the effort. >> ahead, i also look forward to sitting down with governor romney to talk about where we can work together to move the country forward. >> except for president elect obama did the same with republican john mccain. >> just going to have a good conversation about how we can do some work together. to
cliff. >> nobody wants to see this fiscal cliff without a deal, because the cuts are severe and the tax increases are severe. so we've got to find a path forward. >> that follows lofty promises, the president made at the celebration about how the best is yet to come. >> i am looking forward to reaching out and working with leaders of both parties to meet the challenges we can only solve together. reducing the deficit. reforming the tax code. fixing our immigration system....
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Dec 30, 2012
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to arod the fiscal cliff. time for our sunday group, bill kristol. evan bayh, byron york and kirsten powers. well, bill, you just heard mitch mcconnell say he is hopeful and optimistic. will congress pass something in the next 48 hours, something to avoid the fiscal cliff? >> i don't know. but i guess probably. and it will be a bad deal but i suppose better than doing nothing. amazing every working american's taxes will go up on january 1. they are doing nothing about the payroll tax which is a big increase, 2%. and we will have totally irresponsible defense cuts. everybody agrees this is probably bad policy to have middle class americans taxes go up and this is what congress thinks is a good deal. >> chris: i'm not sure they think it is a good deal but a deal that avoids the worst of the fiscal cliff. senator bayh, obviously we don't know what is your sense? no filibuster in the senate. you heard what lindsey graham said and do republicans pass whatever it is that the senate agrees to? >> i think the odds are
to arod the fiscal cliff. time for our sunday group, bill kristol. evan bayh, byron york and kirsten powers. well, bill, you just heard mitch mcconnell say he is hopeful and optimistic. will congress pass something in the next 48 hours, something to avoid the fiscal cliff? >> i don't know. but i guess probably. and it will be a bad deal but i suppose better than doing nothing. amazing every working american's taxes will go up on january 1. they are doing nothing about the payroll tax...
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Dec 19, 2012
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that outline is indeed the basis for the fiscal cliff deal that is now taking shape. here's my take. it's a lousy deal! trumka said, tax the rich, promise to cut spending and ignore the debt. looks like that is exactly what we're going to get. the republicans have accepted higher tax rates, rightly or wrongly, speaker boehner has okayed tax the rich. that part of the trumka plan in place. as for spending, the president will not touch medicare or medicaid. he suggests a minuscule trimming of social security and he wants $50 billion worth of new spending for infrastructure. he is very much in line with trumka's thinking on spending. and then there's the debt. the president wants a blank check to run it up as he pleases, no interference from congress with those pesky debt ceiling debates. no, he is following the trumka line again. ignore the trillions in new debt. let the grandkids play for heaven's sake. this is where we're headed with these fiscal cliff talks. in our desperation to avoid a crisis we put it off and actually make it worse. tax the rich, avoid the spendin
that outline is indeed the basis for the fiscal cliff deal that is now taking shape. here's my take. it's a lousy deal! trumka said, tax the rich, promise to cut spending and ignore the debt. looks like that is exactly what we're going to get. the republicans have accepted higher tax rates, rightly or wrongly, speaker boehner has okayed tax the rich. that part of the trumka plan in place. as for spending, the president will not touch medicare or medicaid. he suggests a minuscule trimming of...
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the so-called fiscal cliff. the president says he wants lawmakers to peel off the partisan war paint. at the same time, the white house vowed to veto a so-called plan (b) from house speaker boehner allowing tax breaks to expire on incomes above $1 million for the time being. the president's latest offer sets the level to end tax breaks at $400,000. remember, we are set to go over the fiscal cliff in two weeks. economists are wanting that the purge of tax hikes and spending cuts could trigger another bad recession if lawmakers cannot get a deal. now to ed henry like on the not lawn. this poe tell deal could -- this potential deal could be falling apart? >>reporter: that is right. top advisors said when speaker boehner came out with the plan (b) yesterday which the white house is threatening to veto, they say plan (a), the $4 trillion deficit deal started falling apart. all communications have been cut off. they are making no progress on that. the president came out and had this news conference that was supposed t
the so-called fiscal cliff. the president says he wants lawmakers to peel off the partisan war paint. at the same time, the white house vowed to veto a so-called plan (b) from house speaker boehner allowing tax breaks to expire on incomes above $1 million for the time being. the president's latest offer sets the level to end tax breaks at $400,000. remember, we are set to go over the fiscal cliff in two weeks. economists are wanting that the purge of tax hikes and spending cuts could trigger...
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Dec 31, 2012
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for a deal here in washington. politicians self-imposed fiscal cliff. the effort to make the consequences so unattractive for missing that, that both sides would have to come to agreement. at this hour, there is no legislation to vote on yet. there is every indication officially it's over that cliff we go. some things are settled. others are still in flux. that is where it starts to get technical. so let's bring in fox team coverage to straighten it out. chief white house correspondent ed henry looks at messaging and movement from president obama today. first, chief congressional correspondent mike emanuel on what seems to have been settled and how and what is still up in the air at this late hour. hi, mike. >> hi. bret. we hear from the republican senators they are optimistic and hopeful that a vote can happen sometime, perhaps later tonight. senator mitch mcconnell e-mailed and said he thought the deal was done until the white house called to say the sequestered cuts should be turned off. since then, she trying to find a way to bye down months of the
for a deal here in washington. politicians self-imposed fiscal cliff. the effort to make the consequences so unattractive for missing that, that both sides would have to come to agreement. at this hour, there is no legislation to vote on yet. there is every indication officially it's over that cliff we go. some things are settled. others are still in flux. that is where it starts to get technical. so let's bring in fox team coverage to straighten it out. chief white house correspondent ed henry...
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cliff deal, that's the fault of the tea party? i just -- i find that to be so unfathomable. >> i find it unfathomable too to be honest. the people in the room who are not going to compromise are the tea party republicans. >> laura: well then the president can run on that. he can't run on that now because is he not talking to anybody. >> i mean the president talks to people all day long every day. it's very clear from how the tea party has gone about doing their work in washington since they came into office that they're not going to compromise. so that is just not going happen. >> laura: came on my radio show last week says he hasn't had a substantive conversation with the president over a year. >> eric cantor hasn't said a substantive or paul ryan in the last part of the year. both have made it abundantly clear that they are not going to reach a compromise. >> laura: this is part of the new tone in washington. okay. they are not substantive people. erica, thanks so much. >> thanks so much. >> laura: new poll in ahead of president
cliff deal, that's the fault of the tea party? i just -- i find that to be so unfathomable. >> i find it unfathomable too to be honest. the people in the room who are not going to compromise are the tea party republicans. >> laura: well then the president can run on that. he can't run on that now because is he not talking to anybody. >> i mean the president talks to people all day long every day. it's very clear from how the tea party has gone about doing their work in...
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cliff deal done. >> rick: speaking of both parties being involved, the president has to wonder who he's negotiating with, john boehner after he was not able to rally the troops? who is he supposed to be talking to? >> look, there is no substitute for him talking with john boehner and it will get a deal done, it will be obama and boehner. there is nobody -- the talk about somehow or another, boehner's speakership being in jeopardy, that is nonsense, no one is coming behind him and senator mcconnell, the republican leader of the senate is up for re-election and as we saw in the senate race in kentucky a few years ago, he may have to worry about a challenge from the right if he supports a tax increase. i think president obama is doing the only sane thing he can, which is reach out to the speaker and he controls the house and, that is -- and the good news for the president is the public seems by all the polls, by the fact the election came out the way it did, to be in his corner, not the speaker's. >> rick: the president -- you want to weigh in on that? >> i just -- >> rick: americans are i
cliff deal done. >> rick: speaking of both parties being involved, the president has to wonder who he's negotiating with, john boehner after he was not able to rally the troops? who is he supposed to be talking to? >> look, there is no substitute for him talking with john boehner and it will get a deal done, it will be obama and boehner. there is nobody -- the talk about somehow or another, boehner's speakership being in jeopardy, that is nonsense, no one is coming behind him and...
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Nov 10, 2012
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cliff deal will actually be solved in a way that brings long term reform. again, as i say, i know people. a lot of folks in business that i know, again, many of whom supported barack obama said, look, romney knows business. we know that the burden on us is going to get less if he is elected. that money is going to go into the market. we have had a sell off in the market over three days. >> um-huh. >> laura: it's been difficult times. i want to get this on the record. you don't think any of this is the result of their decisions because of obama's policies? >> let's look at it this way. the market sell off, for example, if you are telling me for the better part of the last year and a half likely that president obama would win election or at worse it was extremely close. wasn't prepared for barack obama to be reelected on wednesday morning. i don't have a lot of faith that actors in the market are. >> do you think it's coincidence that laying off in the week after the election. >> weather it's coincidence or not doesn't mean it's good sound business practice.
cliff deal will actually be solved in a way that brings long term reform. again, as i say, i know people. a lot of folks in business that i know, again, many of whom supported barack obama said, look, romney knows business. we know that the burden on us is going to get less if he is elected. that money is going to go into the market. we have had a sell off in the market over three days. >> um-huh. >> laura: it's been difficult times. i want to get this on the record. you don't think...
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that is your take on how close we may or may not be to a deal to avoid the fiscal cliff? >>guest: we have a framework on taxes. they are working out a deal on the massive spending hikes. taking an amount to it as the president said, not a scalpel and it could be too deep. we are a way of from dealing with that. but i make the point that it is still not clear whether a deal like this could make it through the senate. it seems likely the republican leader is on it but the bigger question is, will it get through the house of representatives republicans? conservatives will be frustrated there is no spending cut? also, republicans today are saying they were inflamed with their opposition hardened that the president came out and pointed his finger at republicans and made it like a campaign-style i vent and senator john mccain ripped it to the president saying that is not how he should do it in the final hours. >> it is the time for presidential leadership. it is time to stop the cheerleading the time to stop the campaign. the president won. we know that. he won fair and square.
that is your take on how close we may or may not be to a deal to avoid the fiscal cliff? >>guest: we have a framework on taxes. they are working out a deal on the massive spending hikes. taking an amount to it as the president said, not a scalpel and it could be too deep. we are a way of from dealing with that. but i make the point that it is still not clear whether a deal like this could make it through the senate. it seems likely the republican leader is on it but the bigger question...
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how they deal with the fiscal cliff. this could prove to be a very fork in the road. the her teenage foud in yesterd. south carolina senator stkwr*eupl demint who is leading the senate to head up heritage foundation has issues with what john boehner has been doing. it's all about this counter offer to the president on tax increases. the conservative blog red state went after him. freedom works which backs tea party groups and the club for growth is really the big one. they spent $10 million going after republicans who they thought weren't conservative enough in the last election. listen to what they have to say about john boehner now. >> when he couples this conservative purging with a negotiated tax increase of $800 billion we are starting to see more and more signs that he's not dedicated to fiscally conservative beliefs. >> reporter: mr. roth said if he doesn't watch it he can lose his speakership and there are others in the city talking about what they can do to reign in the g.o.p. leadership as a group from raising taxes after republicans spent the last year on t
how they deal with the fiscal cliff. this could prove to be a very fork in the road. the her teenage foud in yesterd. south carolina senator stkwr*eupl demint who is leading the senate to head up heritage foundation has issues with what john boehner has been doing. it's all about this counter offer to the president on tax increases. the conservative blog red state went after him. freedom works which backs tea party groups and the club for growth is really the big one. they spent $10 million...
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let's take a look at the framework of a possible fiscal cliff deal. it includes $1 trillion in cuts, $1 trillion in new revenue. that would include an immediate down payment and then lawmakers working out details in the new year. possibly including raising the nation's debt limit, something the white house has badly wanted, extending unemployment insurance, the medicare doc fix, payroll tax cut and tax extenders. any debt limit increase would require cuts b in reforms of an amount greater than the increase, for the speaker putting more revenue in the form of higher rates on the table on millionaires was seen as significant. the president has been pushing for upper income americans to pay higher taxes. a leading house republican says he has faith in the speaker. >> i told john based on my knowledge of him and his commitment, i am prepared to support the agreement that he ultimately negotiates convinced it's the best we can get under the circumstance. >> reporter: so activity to try to find common ground and work out a fiscal cliff deal has clearly pick
let's take a look at the framework of a possible fiscal cliff deal. it includes $1 trillion in cuts, $1 trillion in new revenue. that would include an immediate down payment and then lawmakers working out details in the new year. possibly including raising the nation's debt limit, something the white house has badly wanted, extending unemployment insurance, the medicare doc fix, payroll tax cut and tax extenders. any debt limit increase would require cuts b in reforms of an amount greater than...
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this means if a debt ceiling deal is not included any fiscal cliff deal, and it is not likely to be. gregg: then this debt mess continues for a few months. and we've still got to argue that out in congress between congress and the president. heather: geithner said last thursday, he called them, trort nary measures would have to be taken to borrow money. >> yep. heather: breaking news in europe on the big 75% tax rate that the french wanted to pass for the rich. >> the breaking news that a french court said a 75% tax rate on individuals is unfair. so it has been rejected. the court court says unless you apply it to households it is not fair to single out individuals. that means 75% tax at this moment is not in effect. the french government and francois hollande says, it won't make any difference. we'll rewrite the law using new wording and we'll catch more people in the 75% tax rate net. heather: stuart varney, i know you have a lot of work to do today. it is a busy day financially. thank you. >> thank you. gregg: what will it mean if lawmakers fail to strike a deal? according to the
this means if a debt ceiling deal is not included any fiscal cliff deal, and it is not likely to be. gregg: then this debt mess continues for a few months. and we've still got to argue that out in congress between congress and the president. heather: geithner said last thursday, he called them, trort nary measures would have to be taken to borrow money. >> yep. heather: breaking news in europe on the big 75% tax rate that the french wanted to pass for the rich. >> the breaking news...
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Dec 23, 2012
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the two sides in the fiscal cliff debate had their say before heading home for christmas, but no deal of course. after house speaker john boehner called off his push for a plan b last week saying the ball is now in the democrats' court. there has been no movement toward any deal. democrats want tax hikes for the wealthy. republicans want spending cuts. and some in the gop say the president doesn't want to avoid the fiscal cliff. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at the bottom of the cliff. he gets all of this additional tax revenue for new programs and he gets to cut the military which democrats have been calling for for years and he gets to blame republicans for it. >> president obama for his part said he is optimistic a deal can still be reached. he spoke at the white house friday before leaving for hawaii where he is now. but at the same time the president acknowledging there might not be time for any kind of a grand bargain. he scaled back his goals and pushing not for
the two sides in the fiscal cliff debate had their say before heading home for christmas, but no deal of course. after house speaker john boehner called off his push for a plan b last week saying the ball is now in the democrats' court. there has been no movement toward any deal. democrats want tax hikes for the wealthy. republicans want spending cuts. and some in the gop say the president doesn't want to avoid the fiscal cliff. >> when i listen to the president, i think the president is...
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in terms of not going over the fiscal cliff. i would echo what senator udall said. we don't really know what governor romney's plan is. the budget plan that he lays out would actually cut 75% of all investments in education and r & d and infrastructure and that is not a way to grow an economy going forward. and when we look more specifically at virginia we are down at about 5.8. 5.9% unemployment. we recovered quicker than other states and one of the reasons why i think the president is going to carry virginia. >> chris: senator udall we will get to romney's plan in a moment. let's talk, first of all, about obama's plan because this week out on the campaign trail he was brandishing and we can see it right here the gloss isy brochure that he said is his agenda for the next four years and states goals like create 1 million manufacturing jobs by 2016 and cut net oil imports in half by 2020. but senator udall, these are recycled targets from four years atha ago that he was unao achieve in his first term. >> we made a lot of progress
in terms of not going over the fiscal cliff. i would echo what senator udall said. we don't really know what governor romney's plan is. the budget plan that he lays out would actually cut 75% of all investments in education and r & d and infrastructure and that is not a way to grow an economy going forward. and when we look more specifically at virginia we are down at about 5.8. 5.9% unemployment. we recovered quicker than other states and one of the reasons why i think the president is...
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. >> and who is going to be blamed if washington doesn't make a deal on the fiscal cliff? we are going to debate that plus, france says no to high taxes on the rich. could the united states learn something from that? we'll analyze that when we come back. ♪ need not wonder why ♪ ♪ no tim ♪ ♪ you're a heartbreaker, dream maker ♪ >> welcome back to a sunday prime time edition of "the five." and as the clock ticks down and going over the so-called fiscal cliff. no deal he yet, but there is some finger pointing going on. >> i'm concerned about the lack of urgency here. i think we all know we're running out of time. this is far too much at stake for political gamesmanship. we need to protect the american families and businesses from this looming tax hike. everyone agrees that that option is necessary. >> i will say this, i think that the republican leader has shown absolutely good faith, but it's just that we're apart on some pretty big issues. >> and senator reid-- >> this has been a blame game from the very, very beginning and dana, we saw today president obama tak
. >> and who is going to be blamed if washington doesn't make a deal on the fiscal cliff? we are going to debate that plus, france says no to high taxes on the rich. could the united states learn something from that? we'll analyze that when we come back. ♪ need not wonder why ♪ ♪ no tim ♪ ♪ you're a heartbreaker, dream maker ♪ >> welcome back to a sunday prime time edition of "the five." and as the clock ticks down and going over the so-called fiscal cliff. no...
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Oct 29, 2012
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cliff, but, i would echo what senator udall said, we don't really know what governor romney's plan is. the budget plan that he lies out would actually cut 75 percent of all investments in education and r&d and infrastructure. that is not the way to grow a economy. in virginia we are down to 5.8 percent or 5.9 percent unemployment and we have recovered quicker than other states. a reason that the president will carry virginia is because of that. >>chris: senator udall we will get to romney's plan in a moment, but, first, obama's plan, this week on the campaign trail, he was brandishing and we can see it here, the glossy brochure that he said is his agenda for the next four years but it states goals like create a million manufacturing jobs by 2016 and cut net oil imports by 2020 but these are recycled targets from four years ago that he was unable to achieve the first term. >>guest: we have made a lot of progress to reaching the goals and if you look at what the president's accomplished we are moving forward. my concern and what i hear from those in colorado is that a president romney w
cliff, but, i would echo what senator udall said, we don't really know what governor romney's plan is. the budget plan that he lies out would actually cut 75 percent of all investments in education and r&d and infrastructure. that is not the way to grow a economy. in virginia we are down to 5.8 percent or 5.9 percent unemployment and we have recovered quicker than other states. a reason that the president will carry virginia is because of that. >>chris: senator udall we will get to...
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the deal is to avoid a series of tax increases, and spending cuts that many believe would be a fiscal cliff that would kick in on january the 1st. chief congressional correspondent mike emanuel is watching it all unfold on capitol hill. what do we know about the visit about the expectations for what might happen during it. >> reporter: martha, timothy geithner arrived here on capitol hill a short time ago to meet first with senate majority leader harry reid. we know he's having individual meetings with the top four leaders of congress. what republicans have said they want to hear, and republicans will be critical, because they need republican support to get any final fiscal cliff deal through the senate, and also through the house, they say they hope that he's coming with concrete spending cut ideas that are acceptable to the administration. one of the meetings today will be with senate republican leader mitch mcconnell who a short time ago sounded pretty fired up. >> the only reason democrats are insisting on raising rates is because raising rates on the so-called rich is the holy gr
the deal is to avoid a series of tax increases, and spending cuts that many believe would be a fiscal cliff that would kick in on january the 1st. chief congressional correspondent mike emanuel is watching it all unfold on capitol hill. what do we know about the visit about the expectations for what might happen during it. >> reporter: martha, timothy geithner arrived here on capitol hill a short time ago to meet first with senate majority leader harry reid. we know he's having individual...
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worst case scenario, they don't reach a deal and we go over the fiscal cliff, that markets are rattled and it's an economic catastrophe. >> what are the chance because democrats seem to be digging their heels in at this point about what they're willing to do, republicans have extended the olive branch. both sides say three try. what do you think the chances are? >> i think they're going to get a deal but it's a bumpy right. democrats don't want to mess with social security. that's what senate majority leader hit and harry reid said. republicans will not put increasing taxes on the table. a lot of leverage games and democrats and republicans are both playing them. i think you're going to see that for a while but serious negotiations will happen in december and i think you'll get a deal. could we go up to december 31? it's a possibility. >> we have holidays in december also, so if meetings take place after thanksgiving and everybody breaks before christmas, though if they're committed they could decide to stay. that's happened before. we don't have a lot of time. even if they come to an
worst case scenario, they don't reach a deal and we go over the fiscal cliff, that markets are rattled and it's an economic catastrophe. >> what are the chance because democrats seem to be digging their heels in at this point about what they're willing to do, republicans have extended the olive branch. both sides say three try. what do you think the chances are? >> i think they're going to get a deal but it's a bumpy right. democrats don't want to mess with social security. that's...
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. >>> with a few weeks until the year end fiscal cliff there is still no deal in sight. both sides are showing no signs of budging. kelly wright is live in washington with details for us. >>> less than month ago for tax hikes. they automatically place democrats and republicans are further apart on a the plan. tim geithner changed the plan last week. that plan calls for 1.6 trillion of higher taxes over the next decade $50 billion stimulus package and provide 600 billion in spending cuts. he is waiting for root pe kaub cans to respond to the plan for the president's proposal. >> we think that's a good set of proposals and good for the economy. if they have different suggestions they should slay it out to us. >> republican leaders should make the deeper cuts on medicare, medicaid and social security. as for raising taxes on the wealthy, republicans want a great higher revenue for closing loopholes and limiting deductions not a tax hike. they are not pleased with the president's proposal. >>> i was flabber fasted. i looked at them said you can't be serious. i have never see
. >>> with a few weeks until the year end fiscal cliff there is still no deal in sight. both sides are showing no signs of budging. kelly wright is live in washington with details for us. >>> less than month ago for tax hikes. they automatically place democrats and republicans are further apart on a the plan. tim geithner changed the plan last week. that plan calls for 1.6 trillion of higher taxes over the next decade $50 billion stimulus package and provide 600 billion in...